Great Falls tribune. [volume] (Great Falls, Mont.) 1887-1890, 1887-06-08
PRICES STILL FIRM.
Reports From New York, Boston and
Other Wool Markets.

Reports From New York, Boston and
Other Wool Markets.
New YoRK, May 28.-Brodstreet's says
that holders of new wool in the west con-
tinue to manifest extreme views as to the
possibilities Of the new clip and the coun.
try markets as whole are excited. Buyers
for local mills and spectators are operat
ing freely. But little has been done so
far by representatives Of eastern houses
except in southern California, where some
large purchases have been made. They
have also bought medium woods in Ken
lucky and Missouri. This inactivity, how
ever, apparently cannot continue much
longer. Something Of an advance at the
seaboard is likely to occur after the arrival
Of the new clip, but in view of the present
condition Of the manufacturing industry,
dealers fear that It will be impossible to
secure prices On a par with those now de-
manded Ia the interior. Fine woods In
the country are quoted about two cents,
and medium woods five to six cents higher
than last year.
At Philadelphia there is good demand
for one-fourth to three-eighth fleeces, but
stocks are too small to admit OF active
trading.
At Louisville clear medium wool ia re-
ported to be advancing steadily, selling
Thursday at 2911s to 80 cents.
The Savannah, Ga, wool market Is ex-
cited, dealers paying % cents freely, which
Is nine cents higher than on the same day
last season.
At Chicago wool is more active at firm
prices, with larger receipts of the new clip
| and freer sales of old wool to manufac-
turers.
On the seaboard in general, the inquiry
for stock is, If anything, more general than
| last week.
MEDIUM WOOL IN DEMAND
BosroN, May 27.-Denny. Rice d Co.
report that the features has been an active
| movement in medium wools, of which
fully 100000 pounds have been sold, all
with the exception OF lot OF 100000
pounds going to manufacturers, aud prices
are from one to two cents higher than
week ago.
| The country continues to absorb all
attention.
| Fine woods are dull, butt high prices
| In the interior have caused dealers to be
less anxious to press stock at present
prices, since the wool could not be re-
placed at such figures.
Manufacturers have no disposition to
stock up, and while it is claimed that few
manufacturers are well supplied, 1t is well
to remember that sales Of wool in this
market foot up since January 100000
pounds or more than year ago, and re-
ieeipts of domestic wool are 13,245 bags
more than year ago.
There is not much new wool here yet.
New Texas eight months can be bought
here at twenty three cents, but we hear OF
small sale at twenty-four cents, which
would be equivalent to sixty-two cents
clean. This latter Is exceptional
New Kentucky wool is In demand, and
sales to arrive have been made on the
basis of 33034c for Is combing and 32c
| Il blood.
Medium pulled wools have continued In
active demand, but prices are unchanged.
The finer grades are slow and accumula-
ting In buyers favor.
Gombing pulled wools are about out OF
market
Australian woods have been In fair de-
Imand, and holders In view OF the excite
ment In the country are not pressing them,
particularly also as they cannot be replac-
ed at selling prices.
| The stock of Australian and also of
carpet woods Is limited
! The sales for this year have been so far